Fact sheet: Clerical Medical Gbl Eq Trk Pn

Fund information
Fund name
Clerical Medical Global Equity Tracker Pension
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund managers
  • Matthew Daviessince 30/06/2013
  • Mark Henzellsince 30/06/2013
No data available.
Fund objective
To achieve long-term capital growth by investing in a diversified international portfolio of equity or equity related securities traded on the major stock markets of the world. The Fund has an emphasis on companies with a large capitalisation, although the portfolio may also include selected shares of medium and small companies where significant growth potential has been identified.
Benchmark
  • CMIG Calculated Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
19.1%
1 Year rank in sector
576/961
Sector
PN Global Equities
Yield
-
Fund size
£11m (£10m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
92
Bid price
263.1
Offer price
263.1
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn38.2%
RLP Dimensional Gbl Targeted Val Pn36.5%
Stan Life M&G Global Dividend Pn34.9%
Aviva Sch Gbl Eq Inc Pn34.8%
OMW IPL M&G Global Dividend Pn34.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • Europe ex UK94.8%
    UK2.7%
    Global Emerging Markets2.5%
  • Equities99.8%
    Money Market0.2%
  • Europe ex UK Equities94.8%
    Global Emerging Market Equities5.1%
    Money Market0.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.9%3.6%15.4%19.1%29.3%69.2%
Sector1%3.2%15.1%19.7%35.8%77.9%
Rank within sector258 / 1039421 / 1035529 / 1025576 / 961608 / 849561 / 751
Quartile1st2nd3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund18%1.9%4.3%22.3%10.6%
Sector18.7%3.7%7.8%21.4%11.2%
Rank within sector565 / 963713 / 921632 / 849421 / 820517 / 752
Quartile3rd4th3rd3rd3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-1.62
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.96
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.43
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
10
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
2.49
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.8
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.94
Price movement
52 week high266.2
52 week low199.5
Current bid price263.1
Current offer price263.1
Current mid price-
Region
1Europe ex UK94.76%
2UK2.73%
3Global Emerging Markets2.51%
Industry sector
1Equities99.82%
2Money Market0.18%
Asset type
1Europe ex UK Equities94.76%
2Global Emerging Market Equities5.06%
3Money Market0.18%
Individual holdings
1CMI ASSET MANAGEMENT LUXEMBOURG SA54.99%
2CMI ASSET MANAGEMENT LUXEMBOURG SA24.69%
3LEMANIK EURO EQUITY TRACKING DC19.97%
4CMI ASSET MANAGEMENT LUXEMBOURG SA5.11%
5SCOTTISH WIDOWS UNIT TRUST MANAGERS EMERGING MARKETS CLS X ACC NAV2.51%
6SCOTTISH WIDOWS FUNDAMENTAL INDEX EMERGING MARKETS EQUITY X2.01%
7SCOTTISH WIDOWS FUNDAMENTAL LOW VOLATILITY INDEX EMERGING MARKETS EQUITY X0.55%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund objective
To achieve long-term capital growth by investing in a diversified international portfolio of equity or equity related securities traded on the major stock markets of the world. The Fund has an emphasis on companies with a large capitalisation, although the portfolio may also include selected shares of medium and small companies where significant growth potential has been identified.
Benchmark
  • CMIG Calculated Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Matthew Davies30/06/2013Matthew Davies manages the Fund. Matthew joined SWIP in October 2006 and has 11 years' investment management experience, 7 of which have been gained at SWIP.
Mark Henzell30/06/2013Mark is a member of the Multi-Asset Funds team. In addition, the team also run several multi-asset fund-of-fund portfolios, which include the Lloyds TSB mass market retail fund range. More recently Mark has been involved with the new wealth management business. Mark joined the group in 1996, initially as a desk dealer on the Far East and Japanese desks, before moving onto the global strategy team. He joined the balanced funds team in 2002.Previously, Mark worked at Baring Asset Management in London, initially on the graduate training programme, covering both Private Client Investments and Fixed Income securities. Mark has also spent time with Kleinwort Benson Securities with experience in the Eurobond and money markets.Mark holds a BSc (Hons) in Economics from Buckingham University, and an MPhil in Management, Economics and Politics from St Andrews University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Clerical Medical Global Equity Tracker Pension
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price263.1
Offer price263.1
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC723
Data provided by

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